SEC 1745 Potential persons who are to respond to the collection of
(02-02) information contained in this form are not required to respond
unless the form displays a currently valid OMB control number.
OMB APPROVAL
OMB Number: 3235-0145
Expires: February 28, 2009
Estimated average burden
hours per response. . . 10.4
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No: )*
Enova Systems, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
--------------------------------------------------------------------------------
(Title of Class of Securities)
29355M200
--------------------------------------------------------------------------------
(CUSIP Number)
December 31, 2009
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 29355M200
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
GAM Holding Ltd
-------------------
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) .............................................................
(b) .............................................................
3. SEC Use Only
4. Citizenship or Place of Organization
Switzerland
-----------
Number of 5. Sole Voting Power
Shares 1,514,275
Beneficially 6. Shared Voting Power
Owned by
Each Reporting ----------
Person With* 7. Sole Dispositive Power
1,514,275
8. Shared Dispositive Power
---------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,514,275
------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
11. Percent of Class Represented by Amount in Row (9)
7.13% (based on the total of 21,245,238 outstanding shares of common stock)
---------
12. Type of Reporting Person (See Instructions) HC
----
*GAM Holding Ltd. disclaims beneficial ownership of such securities.
Item 1.
(a) Name of Issuer Enova Systems, Inc.
--------------
(b) Address of Issuer's Principal Executive Offices
1560 West 190th Street, Torrance, California 90501
Item 2.
(a) Name of Person Filing
GAM Holding Ltd
--------------
(b) Address of Principal Business Office or, if none, Residence
Klaustrasse 10, 8008 Zurich, Switzerland
----------------------------------------
(c) Citizenship
Switzerland
------------
(d) Title of Class of Securities
Common Stock
--------------
(e) CUSIP Number
29355M200
----------
Item 3. If this statement is filed pursuant to ss.ss.240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
[ ] (a) Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o).
[ ] (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
[ ] (c) Insurance company as defined in section 3(a)(19) of the Act (15
U.S.C. 78c).
[ ] (d) Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C 80a-8).
[ ] (e) An investment adviser in accordance
withss.240.13d-1(b)(1)(ii)(E);
[ ] (f) An employee benefit plan or endowment fund in accordance
withss.240.13d-1(b)(1)(ii)(F);
[X] (g) A parent holding company or control person in accordance
withss.240.13d-1(b)(1)(ii)(G);
[ ] (h) A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
[ ] (i) A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment Company
Act of 1940 (15 U.S.C. 80a-3);
[ ] (j) Group, in accordance withss.240.13d-1(b)(1)(ii)(J).
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 1,514,275
---------
(b) Percent of class: 7.13% (based on the total of 21,245,238 outstanding shares of common stock)
-----
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote 1,514,275
-------------
(ii) Shared power to vote or to direct the vote
-------------
(iii) Sole power to dispose or to direct the
disposition of 1,514,275
-------------
(iv) Shared power to dispose or to direct the
disposition of
-------------
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company or Control Person.
The securities reported herein (the Securities) are beneficially owned by one or
more investment funds or other accounts that, pursuant to investment management
contracts, are managed by either GAM International Management Ltd. (GIML) or GAM
London Limited ("GAM London"). Both GIML and GAM London are wholly owned
subsidiaries of GAM Holding Ltd. Such investment management contracts grant to
GIML and GAM London all investment and voting power over the securities owned by
such investment management clients. Therefore, GIML and GAM London may be deemed
to be, for purposes of Rule 13d-3 under the Act, the beneficial owner of the
Securities.
Item 8. Identification and Classification of Members of the Group
Not Applicable
Item 9. Notice of Dissolution of Group
Not Applicable
Item 10. Certification
The following certification shall be included if the statement is
filed pursuant to ss.240.13d-1(c): By signing below I certify that,
to the best of my knowledge and belief, the securities referred to
above were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of
the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or
effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
February 16, 2010
--------------------------------
Date
/s/ Scott Sullivan
--------------------------------
Signature
Scott Sullivan, Group General Counsel
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934,
as amended, the undersigned hereby agree to joint filing of the attached
Schedule 13G, and any and all amendments thereto, and expressly authorize GAM
Holding Ltd, as the ultimate parent company of each of its undersigned
subsidiaries, to file such Schedule 13G, and any and all amendments thereto, on
behalf of each of them.
Date: February 16, 2010
GAM Holding Ltd
By: /s/ Scott Sullivan
Name: Scott Sullivan
Title: Group General Counsel
GAM International Management Limited
By: /s/ Scott Sullivan
Name: Scott Sullivan
Title: Group General Counsel
GAM London Limited
By: /s/ Scott Sullivan
Name: Scott Sullivan
Title: Group General Counsel